Feb 23, 2013 9:30am EST
security, medicare. they're exempt. when you take a look at business, i heard on cnn the chairman of marriott international saying we're lowering our expectations, business won't travel as much. every family will be impacted. every family has already been impacted to some extent. as you pointed out, when businesses cut back, that impacts their suppliers, it impacts their workers and there is no doubt that the combination -- now, look, let's put the numbers in perspective. we took $110 billion in tax increases. this is $85 billion in tax cuts. right now we're focused on the immediate impact. u.s. economy is strong. it's been trying to grow for two years, despite what comes out of washington. and the real issue beyond this immediate impact is what happens to america so we don't get to be like greece, so that the kind of austerity that greece had to have, which really destroys the fabric of society, doesn't happen here? are we better dealing with it now? should everybody, the government and consumers at all levels take a bit of a cutback now to avoid that kind of draconian cuts they'
Feb 2, 2013 9:30am EST
number two, piers morgan deported. number one change at cnn, more coverage of goats. >> abc 7. could you not eat my pants? >> i'll see you back here at the top of the hour. your bottom line starts right now. >>> do you feel richer? good morning, everyone. i'm christine romans. 2013 could be a boom year for the economy. how do you capitalize? start with understanding that today smart is the new rich. who better to have on than the smartest, richest man in the u.s., bill gates? you'll hear from him in a moment. >>> plus, media mogul arianna huffington on creating jobs. first, the soaring stock market. does that mean the economic recovery is real or is something else going on here? >>> looming budget cuts. >> we can't keep spending money we simply do not have. >> tax uncertainty. >> the deficit is still too high. >> gridlock over how to fix it. if it weren't for politicians in washington, 2013 could be a boom year. take a step back. your home, your investments, your job. the three ways most people build wealth are all set to take off. home prices rose 5.5% in november, biggest ju